WHUT (Howard University Television)
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Nov 15, 2012
11/12
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WHUT
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i thought ronald reagan had a fairly successful second term and bill clinton's was marred by his own personal issues. second trerms difficult. w. had a difficult time. one of the things i think they underestimate at the white house and the treasury is the idea of doing tax reform. when you both were probably in preschool, i was covering the '85, '86, tax reform act, and to call it heavy lifting is an understatement. it took a savvy, smart treasury secretary, jim baker, working with capitol hill and a supportive president, and democrats and republicans. i don't see any of those ingredients today to do tax reform in 2013, 2014. >> especially if the president is going to have a new treasury secretary. itim geithner, this has sort of been his-- tim geithner wanted to be behind tax reform, wanted to be the force behind corporate tax reform. that might speak to tim geithner staying on a little long fer they think they can get something done in the first six months. >> why is anything different now? why is anything different in the second term? >> good point. >> i'll turn the hosting to you
i thought ronald reagan had a fairly successful second term and bill clinton's was marred by his own personal issues. second trerms difficult. w. had a difficult time. one of the things i think they underestimate at the white house and the treasury is the idea of doing tax reform. when you both were probably in preschool, i was covering the '85, '86, tax reform act, and to call it heavy lifting is an understatement. it took a savvy, smart treasury secretary, jim baker, working with capitol hill...
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Nov 12, 2012
11/12
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MSNBC
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on taxes it's as bill clinton said. it's simple math. spending is at 24% of gdp. taxes are at about 15% of gdp right now. even the most conservative member of congress only proposes to bring spending down to say 20% or even 19% of gdp. you still have a 4% to 5% gap. that represents hundreds of billions of dollars that has to be made up. even if you assume growth could get back to 3%, that won't make up the gap. so taxes have to be on the table. there's no way to get around that if you want to actually deal with the fiscal crisis that we have. and what is most heartening to me is to learn today that the president is willing to take this show on the road, to go out into the states and make the case and actually reinforce that mandate he has and make republicans realize that those that want to work with him will be rewarded as people who are trying to solve people, those that want to obstruct will pay a political praice that they will feel at election time. >> his opening act has got to be rick ross. these haters are not going to hold me back. some of the conservativ
on taxes it's as bill clinton said. it's simple math. spending is at 24% of gdp. taxes are at about 15% of gdp right now. even the most conservative member of congress only proposes to bring spending down to say 20% or even 19% of gdp. you still have a 4% to 5% gap. that represents hundreds of billions of dollars that has to be made up. even if you assume growth could get back to 3%, that won't make up the gap. so taxes have to be on the table. there's no way to get around that if you want to...
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Nov 15, 2012
11/12
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CNNW
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president bill clinton to former new york congressman anthony wiener. we'll take a look at powerful people behaving badly. so what do you think? basic. at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. >>> we're waiting for president obama. he is in new york right now getting a close-up look at the damage from hurricane sandy. he is in staten island. he will be addressing the photographers, reporters there that facility. as soon as he goes up to the podium, we'll bring that to you live. >>> petraeus might be the most recent example of a powerful person having an extramarital affair. not the first. more than 200 years ago, founding father hamilton admitted to cheating. in recent years, president kennedy's affairs, lyndon b. johnson allegedly had a buzzer that sounded when his wife was on the way. what makes powerful people do it? clinical psychologist jeff gardere joining us. >> good to see you. >> when you look at the example of petraeus and whether the affair, the e-mails, powerful person and the two wom
president bill clinton to former new york congressman anthony wiener. we'll take a look at powerful people behaving badly. so what do you think? basic. at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. >>> we're waiting for president obama. he is in new york right now getting a close-up look at the damage from hurricane sandy. he is in staten island. he will be addressing the photographers, reporters there that facility. as soon as he...
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Nov 12, 2012
11/12
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CNNW
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tax rate for the wealthy from 35% to 39.6%, which it was during the bill clinton administration. will the democrats -- and you know the democrats in the house and the senate and the president go along with these serious cuts in spending in entitlements, for example, medicare, social security, medicaid, all those spending cuts that the democrats usually hate. >> first of all, i want to tell my friend, dana, i believe the democrats have a mandate. we don't have to sit around for the next two years and listen to the republicans whine and complain about tax cuts going up. president obama extended the bush tax cuts for two years. he's put forward a grand bargain. republicans reject that had. the democrats defeated 16 republican incumbents last week. i think the house democrats will be in a position to work with mr. boehner to try to get the votes. mr. boehner has never been able to deliver the votes without ms. pelosi and the democrats delivering those votes. i think the democratic position is to come up with a fair and balanced proposal to not raise taxes on the middle class and to n
tax rate for the wealthy from 35% to 39.6%, which it was during the bill clinton administration. will the democrats -- and you know the democrats in the house and the senate and the president go along with these serious cuts in spending in entitlements, for example, medicare, social security, medicaid, all those spending cuts that the democrats usually hate. >> first of all, i want to tell my friend, dana, i believe the democrats have a mandate. we don't have to sit around for the next...